Track TradFi and crypto news, including banks, brokers, asset managers, and the convergence of legacy finance with digital assets.
Arthur Hayes foresees stablecoins as key to unlocking trillions in liquidity, transforming compliance and bolstering bank dominance.
SSK's debut day outshines contenders, ranking in top 1% of ETF launches with $33 million in trading volume.
OpenAI’s comment follows Robinhood’s June 30 event in Cannes, France, where CEO Vlad Tenev demonstrated a tokenized stock trade for an “OpenAI” position.
Bitwise CIO Matt Hougan foresees Ethereum ETFs surging due to easy adoption via tokenized stocks and stablecoins.
The initial $55 million investment registered a 27% return, resulting in the current $70 million exposure.
The falling participation of Strategy in the amount highlighted increasing corporate interest in Bitcoin picking up the pace with retail and other institutional investors.
Strategy nears S&P 500 entry as Bitcoin gains propel $21 billion unrealized profit.
Analysts predict SEC approval of Solana, Litecoin, and XRP ETFs by 2025, citing strong regulatory shifts and institutional demand.
Robinhood’s strategic crypto integration, including staking and Arbitrum network usage, attracts investors.
